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Jennifer purchased a consol bond that pays interest of $ 1 2 5 per year and has a 1 0 % yield to maturity. What

Jennifer purchased a consol bond that pays interest of $

125

per year and has a

10 %

yield to maturity. What is the price of this bond?

.

1, 250

.

1, 000

.

1, 125

.

125

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